DR MARTIN LUTHER KING JR STREET S
Saint Petersburg, FL 33701

More than three-quarters of an acre (250 feet x 140 feet per survey) of CCT-1 zoned land in Historic Roser Park, a distinctive district that is listed on the National Register. The famed, tree-lined neighborhood of bricked streets over rolling hills offers an eclectic mix of American architectural-styled homes. The property is not in a flood zone and is close to Downtown St. Petersburg, hospitals, colleges, an airport, lively arts, The St. Pete Pier and so much more. The once-in-a-generation 86-acre Tropicana Field redevelopment project is planned just a few blocks north. The savvy investor gets a 3-parcel land assemblage located in an Opportunity Zone and potentially other incentive packages, including the Affordable Multifamily Housing Development Program, Pinellas County Employment Sites Program, and others. The buyer can build up to 19 townhomes (see renderings). Other approved uses on this site include a Hotel, Office (General or Medical), Restaurant and Bar, Mixed Use, School, Nursing Home, Funeral Home, House of Worship - even an Indoor Recreation Facility (pickleball courts, swimming pools, amusement park or similar endeavors). An arborist report was conducted, and trees can be removed with a permit. The sellers, who have done extensive planning for this site, would entertain a joint venture development with experienced and qualified partners.